With a new focus on the production of higher-end teas, and developing tea infused products and tea tourism, Taiwan’s tea industry is on the upsurge again.
Tea is a century-old business in Taiwan. However, Taiwan’s tea industry has suffered under the pressure of cheaper imports flooding its markets over the last decade. As a consequence, many of Taiwan’s tea fields have been plowed under in favor of planting betel nut trees, a higher cash yielding crop.
The cultivation of tea in Taiwan began in the 1700s, when it was first introduced from China’s Fujian Province. Under Japanese colonial rule (1895-1945), the tea growing business continued upward, producing 20,000 metric tons per year. In 1997, Taiwan produced 23.505 metric tons of tea from 21.199 hectares. It imported 7.692 metric tons and exported 2.918 metric tons. By the end of 2007, the amount of land used to cultivate teas fell to 16.256 hectares, with production dipping to 17.502 metric tons.
Although Taiwan’s tea consumption continues upward, with the invention of bubble tea - a frothy cold tea with tapioca pearls - so have cheaper tea imports from other parts of Asia. In 2007, Taiwan imported 25,000 metric tons, while exports fell to 2,004 metric tons. According to the Taiwan Tea Manufacturers’ Association, annual per capita tea consumption in Taiwan surged from 0.344 kilograms in 1980 to 1.3 kilograms in 1998 to1.54 in 2007.
Around 16,000 households in Taiwan are engaged in tea growing, averaging one hectare (2.5 acres), according to Taiwan Review. Since tea farming is both labor-intensive and is carried out locally on a small scale, it makes sense to cultivate high-end teas and to spend time in branding each region’s tea. More attention is paid to packaging, with refined designs to further its appeal.
Tea growers are banding together to popularize regional teas and to attract tourists. Farmers are beginning to educate visitors about their teas so they can better appreciate the labor and effort that goes into tea cultivation.
Besides, each region popularizing its tea and location, tea cultivators are also seeking to highlight the health benefits of drinking tea and tea-related products. Along with tea sales, tea houses are also serving tea-flavored products to broaden tea growers’ sales opportunities. Not only is the appeal of high end-teas growing, but also sales of lower-end teas.
According Chen Chung-i, the chairman of the Taiwan Beverage Industries Association, annual revenue from Taiwan’s beverage sector averaged about US$1.5 billion for the last ten years. Around 40 percent of the amount is from tea drinkers alone. Last year, Taiwan saw 285 new packaged drinks released onto the market, with 107 falling in the tea category.
Cultivating a following for fine tea is not just happening in Taiwan but also in the United States. When Roy Fong, founder of the Imperial Tea Court, first started selling high-end teas in San Francisco, it was a struggle to persuade people to pay for high-quality tea. He started with five pounds of Dragon Well tea costing US$160 a pound and it took him a year to sell it. Today, the same tea costs US$480 a pound and sells out in a week.
In the United States, where the wine growing business is a multi-billion business, touring vineyards for wine tasting is very popular with locals and tourists alike. Taiwan’s tea growing regions can very easily cultivate the same winning strategies to popularize their teas and tea tasting.
Friday, June 12, 2009
Faced with worst drop in economic growth, Taiwan opens more doors to China
In May, more Taiwanese industries opened for mainland Chinese investment, including public construction, services, and manufacturing. According to the Economic Times, the 101-item list includes telecommunication value-added services, tourist hotels, automobiles, computers and cell phones. However, civil engineering construction, petrochemicals, machine tools, and steel manufacturing are not included.
In the area of electronics manufacturing, only investment in passive components is permitted. Sensitive high tech industries such as integrated circuit design, packaging and testing, silicon wafers and liquid crystal display monitors are not on the list.
The paper also reported that the appreciation of the South Korean Won has slowed significantly. At a time of North Korean saber rattling, the South Korean Won faces strong depreciation pressure. Meanwhile, the New Taiwan Dollar has maintained the same appreciation trend, which could hurt Taiwan’s exports. As members of the four Asian Tigers, Taiwan and South Korea are strong competitors and both are highly reliant on export trade.
Hit hard by the global recession, Taiwan’s economic growth in the first quarter of this year dropped 10.24 percent from the same period in 2008, according to a report released on May 21st by the Directorate General of Budget, Accounting and Statistics. This marks the worst single quarter slump since 1961 when the government started compiling quarterly per capita income growth statistics.
The government has also adjusted its forecast for annual overall economic growth this year from minus 2.97 percent announced in February to minus 4.25 percent, the worst decline since records began. Despite poor first quarter performance, there are scattered signs that the decline is beginning to slow down.
Currently, Taiwan’s economic growth is ranked third among the four Asian Tigers, behind Hong Kong and South Korea, but ahead of Singapore. The Economic Times blamed this lag on the previous administration’s ideology oriented policies that corroded Taiwan’s economic development foundation, although the current administration is not exempt from responsibility.
Meanwhile, Lausanne-based business school International Institute for Management Development (IMD) released the 2009 competitiveness ranking which saw Taiwan drop 10 places from 13th in 2008 to 23rd. The Commerce Times called attention to this huge drop, saying it was a severe warning for the sustainability of Taiwan’s competitiveness.
Of the four factors and criteria used by IMD to evaluate a country’s competitiveness, Taiwan’s ranking dropped from 21st to 27th for economic performance, from 16th to 18th for government efficiency, from 10th to 22nd for business efficiency, and from 17th to 23rd for infrastructure.
The Taipei Times reported that the Council for Economic Planning and Development (CEPD) said the sharp contraction in exports in the second half of last year was the main factor behind Taiwan’s lower competitiveness ranking.
The CEPD said in a statement that GDP growth last year was a mere 0.1 percent and the latest IMD report was based primarily on data from last year. While the CEPD lamented the drop, it added that the situation would improve later this year when the government’s stimulus measures and cross-strait policies are reflected by the economy.
In the area of electronics manufacturing, only investment in passive components is permitted. Sensitive high tech industries such as integrated circuit design, packaging and testing, silicon wafers and liquid crystal display monitors are not on the list.
The paper also reported that the appreciation of the South Korean Won has slowed significantly. At a time of North Korean saber rattling, the South Korean Won faces strong depreciation pressure. Meanwhile, the New Taiwan Dollar has maintained the same appreciation trend, which could hurt Taiwan’s exports. As members of the four Asian Tigers, Taiwan and South Korea are strong competitors and both are highly reliant on export trade.
Hit hard by the global recession, Taiwan’s economic growth in the first quarter of this year dropped 10.24 percent from the same period in 2008, according to a report released on May 21st by the Directorate General of Budget, Accounting and Statistics. This marks the worst single quarter slump since 1961 when the government started compiling quarterly per capita income growth statistics.
The government has also adjusted its forecast for annual overall economic growth this year from minus 2.97 percent announced in February to minus 4.25 percent, the worst decline since records began. Despite poor first quarter performance, there are scattered signs that the decline is beginning to slow down.
Currently, Taiwan’s economic growth is ranked third among the four Asian Tigers, behind Hong Kong and South Korea, but ahead of Singapore. The Economic Times blamed this lag on the previous administration’s ideology oriented policies that corroded Taiwan’s economic development foundation, although the current administration is not exempt from responsibility.
Meanwhile, Lausanne-based business school International Institute for Management Development (IMD) released the 2009 competitiveness ranking which saw Taiwan drop 10 places from 13th in 2008 to 23rd. The Commerce Times called attention to this huge drop, saying it was a severe warning for the sustainability of Taiwan’s competitiveness.
Of the four factors and criteria used by IMD to evaluate a country’s competitiveness, Taiwan’s ranking dropped from 21st to 27th for economic performance, from 16th to 18th for government efficiency, from 10th to 22nd for business efficiency, and from 17th to 23rd for infrastructure.
The Taipei Times reported that the Council for Economic Planning and Development (CEPD) said the sharp contraction in exports in the second half of last year was the main factor behind Taiwan’s lower competitiveness ranking.
The CEPD said in a statement that GDP growth last year was a mere 0.1 percent and the latest IMD report was based primarily on data from last year. While the CEPD lamented the drop, it added that the situation would improve later this year when the government’s stimulus measures and cross-strait policies are reflected by the economy.
A New Era for Taiwan-PRC Relations, a panel discussion
On May 28th, a panel of distinguished speakers discussed the new era of Taiwan-PRC relations to a packed conference room at the influential K & L Gates Law Office in downtown San Francisco. The evening began with a reception at 5:30 pm.
The discussion was moderated by Dr. Robert Kapp, president of Robert A. Kapp and Associates, who offered some insights and humorous anecdotes from his days in Washington, DC and his experience as the president of the US-China Business Council. Speaking of cross-strait relations, Kapp said, “We talk and write, but measured changes have been slow, but that is not the case now.” He introduced each panelist (Dr. Chien-Min Chao, Prof. Chong-pin Lin and Prof. Lowell Dittmer) and allowed each to speak before the Q&A.
Dr. Chien-Min Chao, Deputy Minister of Taiwan’s Mainland Affairs Council, was the first panelist to speak. Chao pointed out that the Korean Peninsula and the Taiwan Strait used to be the two flashpoints in Asia, however within one year, this has changed. While Korea is brimming with problems, Taiwan’s ruling Kuomintang chairman Po-hsiung Wu was visiting China. Chao continued by summarizing the inroads made by Taiwan’s Straits Exchange Foundation and China’s Association for Relations Across the Taiwan Straits in hammering out critical agreements for smoother relations. With more relaxed travel regulations between the two countries, PRC visitors have now made more than 600,000 trips to Taiwan.
Despite friendlier relations there is still danger. China’s People’s Liberation Army continues to increase its budget and upgrade its military. While striving for stabilization and normalization of relations with China, Taiwan has taken a cautious step in advocating the “3 Noes” – no unification, no independence and no use of force. The reality is that Taiwan does more business with China than with Japan and the United States, so any joint agreements to iron out juridical, economic and banking cooperation would be beneficial for both sides.
Prof. Chong-pin Lin of the Graduate Institute of International Affairs and Strategic Studies, Tamkang University (Taipei) and a former Deputy Minister of Defense spoke next. As a close observer of cross-strait relations, he predicted cross-strait détente outlined by seven milestones. Out of his seven predictions made in July 2006, five have already come to pass – (1) both sides would establish liaison offices, (2) direct transportation links across the Strait would be launched, (3) Taiwan would emphasize substantive diplomacy, (4) cross-strait military tensions would decline and (5) the DPP may reorient its attitude and policy toward China under the new cross-strait relations. Lin also predicts a cultural boom in the mainland with Taiwan’s creative industries (i.e. feature films, entertainment programs) playing an important role as a catalyst, and that Taiwan’s democracy will gradually alter the mainland. Time will tell if the latter two predictions also prove correct.
Nevertheless, Lin feels that China is moving toward more freedom. He believes China will look towards Taiwan and think, "If Taiwan can , why can't we?" Although China’s democratic transformation might not be a US-style model, but more akin to a Singaporean-style model.
Prof. Lowell Dittmer of the Political Science Department at the University of California-Berkeley, followed with his explanation on the logic of strategic alliances through the triangular relationship. He also touched on the new nationalism on both sides of the Taiwan Strait. With the demise of Communism, Nationalism has replaced Marxism-Leninism. On Taiwan’s side, there is a sub-ethnic split as a result of those families who have been living in Taiwan for centuries being suspicious of mainlanders who came to Taiwan in the period 1949-1971. This distrust has created a domestic rift.
Dittmer also spoke on the problematic security dimension for Taiwan. Since the end of the Cold War, China’s defense spending has gone up and up, while Taiwan’s has shrunk. Détente between Taiwan and China serves to postpone, not solve, the security problems existing in cross-strait relations.
The Asia Society, along with the University of San Francisco’s Center for the Pacific Rim, University of California’s (Berkeley) Institute of East Asian Studies, and the World Affairs Council of Northern California, hosted the panel discussion.
The discussion was moderated by Dr. Robert Kapp, president of Robert A. Kapp and Associates, who offered some insights and humorous anecdotes from his days in Washington, DC and his experience as the president of the US-China Business Council. Speaking of cross-strait relations, Kapp said, “We talk and write, but measured changes have been slow, but that is not the case now.” He introduced each panelist (Dr. Chien-Min Chao, Prof. Chong-pin Lin and Prof. Lowell Dittmer) and allowed each to speak before the Q&A.
Dr. Chien-Min Chao, Deputy Minister of Taiwan’s Mainland Affairs Council, was the first panelist to speak. Chao pointed out that the Korean Peninsula and the Taiwan Strait used to be the two flashpoints in Asia, however within one year, this has changed. While Korea is brimming with problems, Taiwan’s ruling Kuomintang chairman Po-hsiung Wu was visiting China. Chao continued by summarizing the inroads made by Taiwan’s Straits Exchange Foundation and China’s Association for Relations Across the Taiwan Straits in hammering out critical agreements for smoother relations. With more relaxed travel regulations between the two countries, PRC visitors have now made more than 600,000 trips to Taiwan.
Despite friendlier relations there is still danger. China’s People’s Liberation Army continues to increase its budget and upgrade its military. While striving for stabilization and normalization of relations with China, Taiwan has taken a cautious step in advocating the “3 Noes” – no unification, no independence and no use of force. The reality is that Taiwan does more business with China than with Japan and the United States, so any joint agreements to iron out juridical, economic and banking cooperation would be beneficial for both sides.
Prof. Chong-pin Lin of the Graduate Institute of International Affairs and Strategic Studies, Tamkang University (Taipei) and a former Deputy Minister of Defense spoke next. As a close observer of cross-strait relations, he predicted cross-strait détente outlined by seven milestones. Out of his seven predictions made in July 2006, five have already come to pass – (1) both sides would establish liaison offices, (2) direct transportation links across the Strait would be launched, (3) Taiwan would emphasize substantive diplomacy, (4) cross-strait military tensions would decline and (5) the DPP may reorient its attitude and policy toward China under the new cross-strait relations. Lin also predicts a cultural boom in the mainland with Taiwan’s creative industries (i.e. feature films, entertainment programs) playing an important role as a catalyst, and that Taiwan’s democracy will gradually alter the mainland. Time will tell if the latter two predictions also prove correct.
Nevertheless, Lin feels that China is moving toward more freedom. He believes China will look towards Taiwan and think, "If Taiwan can , why can't we?" Although China’s democratic transformation might not be a US-style model, but more akin to a Singaporean-style model.
Prof. Lowell Dittmer of the Political Science Department at the University of California-Berkeley, followed with his explanation on the logic of strategic alliances through the triangular relationship. He also touched on the new nationalism on both sides of the Taiwan Strait. With the demise of Communism, Nationalism has replaced Marxism-Leninism. On Taiwan’s side, there is a sub-ethnic split as a result of those families who have been living in Taiwan for centuries being suspicious of mainlanders who came to Taiwan in the period 1949-1971. This distrust has created a domestic rift.
Dittmer also spoke on the problematic security dimension for Taiwan. Since the end of the Cold War, China’s defense spending has gone up and up, while Taiwan’s has shrunk. Détente between Taiwan and China serves to postpone, not solve, the security problems existing in cross-strait relations.
The Asia Society, along with the University of San Francisco’s Center for the Pacific Rim, University of California’s (Berkeley) Institute of East Asian Studies, and the World Affairs Council of Northern California, hosted the panel discussion.
Taiwan descends on Licensing Int'l Expo in Las Vegas, June 2-4
Last week’s Licensing International Expo at the Mandalay Bay Convention Center in Las Vegas showcased some 20 Taiwanese companies exhibiting their cultural and creative products in the Taiwan Pavilion. Sponsored by the National Science Council (NSC), Taiwan’s e-learning and Digital Archives Program were amply displayed on 1,800 square feet of floor space.
At a press conference to kick off the Expo, Dr. Joseph Yang, the NSC representative and also the Science and Technology Division Chief of TECO-San Francisco, said that the exhibitors had brought a wide range of Taiwanese cultural objects for licensing, with many of the precious articles on display for the first time.
Charles M. Riotto, the president of the Licensing Industry Merchandisers’ Association (LIMA) expressed his appreciation for Taiwan’s yearly participation at the show, and for bringing Taiwan’s many cultural characteristics for licensing. He encouraged more Taiwanese companies to take advantage of the show as a platform to attract more licensing business opportunities.
LIMA, founded in 1985, is the trade group for the US$80 billion licensing industry. With over 1,000 member companies representing everything from major movies and mega corporate brands down to individual artists, LIMA pioneered the annual licensing show in New York City. This was the first LIMA show to be held in Las Vegas.
The opening ceremony of the Taiwan Pavilion began with a colorful and lively performance of Taiwanese aboriginal folk dance. With a theme of “Creative Taiwan–Beyond Incredible,” the specially designed Taiwan Pavilion was divided into three sections: Taiwan’s selected heritage, licensing brand names, and innovative brand names. The sections included digital archives, arts, cultural and creativity, animation, and digital learning.
On display in the selected heritage section was Academia Sinica’s (http://www.sinica.edu.tw/main_e.shtml) huge National Digital Archive Program (NDAP). In 1998, Academia Sinica began their digital archive of Taiwan’s treasures. So far, a total of 3 million pieces of historical literature, architecture, documents, images and relics have been archived. The institution has established a sharing system so that the general public and schools can take advantage of the wealth of digitized materials. The institution has come to Las Vegas to encourage private companies to utilize this resource, sharing the wealth of Chinese and Taiwanese culture with a broader audience.
In explaining the importance of Taiwan’s digital archive, Yang said, “In the past, Taiwan attained remarkable heights in the IT industry, however, with a focus on hardware applications. As people’s living standard rose and appreciation for arts increased, Taiwan’s IT industry should now put more emphasis on artistic fashion designs in its productions in order to appeal to the international markets.” Since the commodities of the IT industry is now technically mature, the NSC has made great efforts in recent years to help local companies use the country’s high-tech edge to develop creative cultural products and add commercial value.
In the section under licensing brands were properties from the Bright Idea Design Company Ltd., Cathy Creative Company Ltd., and Artilize Worldwide Company Ltd. Some of these companies produce original designs - many drawing from the motifs found at the National Palace Museum, while others create original animated characters and animation-based products.
In the section for innovative brands, exhibitors included Taiwan Indigenous Association for Digital Heritage, Peter Pan Art Company Ltd., Tales by Pave, Vivo Tech Corp., Imagery Digital Graphics Company Ltd., Jetprint Image Services Printing Ltd., Pumpkin Creative Inc., and Royal Epen International Corp.
Among the products and designs were creative tattoos and printings from Taiwan Indigenous Association for Digital Heritage, and unique knitting patterns by the Atayal tribe. This was the first time these groups had participated in the Licensing International Expo with the hope of attracting international buyers.
At the closing of the exhibition, Ms Liu Ching-yi, spokesperson of the Taiwan delegation, expressed appreciation to the government for its strong support in the commercial application of digital archives in Taiwan. She said Taiwan has made inroads into this field by participating in the Licensing International Expo these past five years.
At a press conference to kick off the Expo, Dr. Joseph Yang, the NSC representative and also the Science and Technology Division Chief of TECO-San Francisco, said that the exhibitors had brought a wide range of Taiwanese cultural objects for licensing, with many of the precious articles on display for the first time.
Charles M. Riotto, the president of the Licensing Industry Merchandisers’ Association (LIMA) expressed his appreciation for Taiwan’s yearly participation at the show, and for bringing Taiwan’s many cultural characteristics for licensing. He encouraged more Taiwanese companies to take advantage of the show as a platform to attract more licensing business opportunities.
LIMA, founded in 1985, is the trade group for the US$80 billion licensing industry. With over 1,000 member companies representing everything from major movies and mega corporate brands down to individual artists, LIMA pioneered the annual licensing show in New York City. This was the first LIMA show to be held in Las Vegas.
The opening ceremony of the Taiwan Pavilion began with a colorful and lively performance of Taiwanese aboriginal folk dance. With a theme of “Creative Taiwan–Beyond Incredible,” the specially designed Taiwan Pavilion was divided into three sections: Taiwan’s selected heritage, licensing brand names, and innovative brand names. The sections included digital archives, arts, cultural and creativity, animation, and digital learning.
On display in the selected heritage section was Academia Sinica’s (http://www.sinica.edu.tw/main_e.shtml) huge National Digital Archive Program (NDAP). In 1998, Academia Sinica began their digital archive of Taiwan’s treasures. So far, a total of 3 million pieces of historical literature, architecture, documents, images and relics have been archived. The institution has established a sharing system so that the general public and schools can take advantage of the wealth of digitized materials. The institution has come to Las Vegas to encourage private companies to utilize this resource, sharing the wealth of Chinese and Taiwanese culture with a broader audience.
In explaining the importance of Taiwan’s digital archive, Yang said, “In the past, Taiwan attained remarkable heights in the IT industry, however, with a focus on hardware applications. As people’s living standard rose and appreciation for arts increased, Taiwan’s IT industry should now put more emphasis on artistic fashion designs in its productions in order to appeal to the international markets.” Since the commodities of the IT industry is now technically mature, the NSC has made great efforts in recent years to help local companies use the country’s high-tech edge to develop creative cultural products and add commercial value.
In the section under licensing brands were properties from the Bright Idea Design Company Ltd., Cathy Creative Company Ltd., and Artilize Worldwide Company Ltd. Some of these companies produce original designs - many drawing from the motifs found at the National Palace Museum, while others create original animated characters and animation-based products.
In the section for innovative brands, exhibitors included Taiwan Indigenous Association for Digital Heritage, Peter Pan Art Company Ltd., Tales by Pave, Vivo Tech Corp., Imagery Digital Graphics Company Ltd., Jetprint Image Services Printing Ltd., Pumpkin Creative Inc., and Royal Epen International Corp.
Among the products and designs were creative tattoos and printings from Taiwan Indigenous Association for Digital Heritage, and unique knitting patterns by the Atayal tribe. This was the first time these groups had participated in the Licensing International Expo with the hope of attracting international buyers.
At the closing of the exhibition, Ms Liu Ching-yi, spokesperson of the Taiwan delegation, expressed appreciation to the government for its strong support in the commercial application of digital archives in Taiwan. She said Taiwan has made inroads into this field by participating in the Licensing International Expo these past five years.
Taiwanese movie Artemisia to premiere on Link TV, June 12-28
The award winning Taiwanese movie Artemisia will premiere on Link TV, and can be seen on DIRECTV 375, Dish Network channel 9410 and also on select cable stations, from June 12th to June 28th.
Presented by the Press Division of Taipei Economic and Cultural Office (TECO) in San Francisco in partnership with Link TV, this premiere will also include an interview with the film’s director, Chiang Hsui-chung.
Produced by Taiwan’s Public Television System (PTS), Artemisia won the Golden Gate Award in the Television Narrative Feature category at the 52nd San Francisco International Film Festival (SFIFF) early May.
Chiang’s 86-minute debut is a beautifully scripted narrative about three generations of resilient women, focusing on 58-year old Ai-tsao (Artemisia). As a young woman, Ai-tsao defied her conservative family and married a man 20 years her senior. Twenty years later, she finds herself struggling to accept her argumentative mother, her unmarried daughter’s mixed-race baby and her closeted gay son. Amid the turmoil, she strives to keep her family together.
Chiang is no stranger to the San Francisco Film Festival. As a graduate student in theater and screenwriting at the Taipei National University of the Arts, Chiang also delivered a Golden Horse-nominated performance in Edward Yang’s epic A Brighter Summer Day (SFIFF 1992).
Link TV and the Press Division at TECO are proud to bring Artemisia from the film festival stages to the comfort of your home. To see the premiere of Artemisia on the small screen go to www.linktv.org/Artemisia or check your local listings for Link TV’s channel(s) on one of the following dates and times:
ARTEMISIA AIRDATES
Fri., June 12, 5pmPT/8pmET (Premiere) (Primetime ET)
Sun., June 14, 12pmPT/3pmET
Fri., June 19, 11pmPT/2amET
Sun., June 21 9amPT/12pmET
Tues., June 23, 8pmPT/11pmET (Primetime PT)
Thurs., June 25, 12pmPT/3pmET
Sun., June 28, 12pmPT/3pmET
Presented by the Press Division of Taipei Economic and Cultural Office (TECO) in San Francisco in partnership with Link TV, this premiere will also include an interview with the film’s director, Chiang Hsui-chung.
Produced by Taiwan’s Public Television System (PTS), Artemisia won the Golden Gate Award in the Television Narrative Feature category at the 52nd San Francisco International Film Festival (SFIFF) early May.
Chiang’s 86-minute debut is a beautifully scripted narrative about three generations of resilient women, focusing on 58-year old Ai-tsao (Artemisia). As a young woman, Ai-tsao defied her conservative family and married a man 20 years her senior. Twenty years later, she finds herself struggling to accept her argumentative mother, her unmarried daughter’s mixed-race baby and her closeted gay son. Amid the turmoil, she strives to keep her family together.
Chiang is no stranger to the San Francisco Film Festival. As a graduate student in theater and screenwriting at the Taipei National University of the Arts, Chiang also delivered a Golden Horse-nominated performance in Edward Yang’s epic A Brighter Summer Day (SFIFF 1992).
Link TV and the Press Division at TECO are proud to bring Artemisia from the film festival stages to the comfort of your home. To see the premiere of Artemisia on the small screen go to www.linktv.org/Artemisia or check your local listings for Link TV’s channel(s) on one of the following dates and times:
ARTEMISIA AIRDATES
Fri., June 12, 5pmPT/8pmET (Premiere) (Primetime ET)
Sun., June 14, 12pmPT/3pmET
Fri., June 19, 11pmPT/2amET
Sun., June 21 9amPT/12pmET
Tues., June 23, 8pmPT/11pmET (Primetime PT)
Thurs., June 25, 12pmPT/3pmET
Sun., June 28, 12pmPT/3pmET
Taiwan IT firms among world’s best performers
Four Taiwan IT firms rank among the top ten in the world in terms of their performance amid the global economic slowdown, according to Business Week’s annual report. In the June 1st issue, th US magazine listed Inventec Corp., Quanta Computer Inc., Wistron Corp., and Acer Inc. as ranking 4th, 7th, 8th and 10th respectively.
Three US firms are among the top ten, (Amazon - 1st; Oracle - 2nd; and IBM - 5th) while one firm from Germany (SAP - 3rd), India (Bharti Airtel Ltd. - 6th) and China (QQ.com - 9th) complete the top ten. To qualify for the top 100 IT firms worldwide, a company’s annual revenue must exceed US$600 million, excluding any monopolies.
In addition to the four companies already mentioned, Taiwan had ten companies ranked in the top 100. These were: High Tech Computer Corp. (ranked 13th), Asustek Computer (ranked 26th), Foxconn Electronics Inc. (ranked 40th), Taiwan Semiconductor Manufacturing Company Ltd. (ranked 48th), Compal Electronics Inc. (ranked 50th), and Simplo Technology Co. (ranked 52nd).
Even with the economic slowdown, the demand for certain products remains strong. The Commercial Times reported that despite a shortage of glass substrates, the outlook for Taiwan’s thin-film-transistor liquid crystal display panel industry remains positive for the third quarter on the back of strong demand. Lee Kun-yao, chairman of AU Optronics Corp., the largest LCD panel maker in Taiwan, said the average capacity utilization at Taiwan’s panel makers was below 50 percent in the first quarter of 2009, and currently stands at over 80 percent.
David Hsieh, vice president of the greater China market at Display Search, expects prices to continue upward into June. TV panels, whose prices remain relatively unchanged, will probably see an increase of at least US$10 per unit in June. In particular, 40-inch and 42-inch panels are both set to rise in price.
Not only do Taiwanese IT companies dominate the top ten, but a recent report by the Economist Intelligence Unit (EIU) also places Taiwan as the 6th most innovative country in Asia for the forecast period 2009-2013. According to the United Daily News, Taiwan had an index of 9.44, which is only topped by Japan, which has the highest-ranking index of 10.
Three US firms are among the top ten, (Amazon - 1st; Oracle - 2nd; and IBM - 5th) while one firm from Germany (SAP - 3rd), India (Bharti Airtel Ltd. - 6th) and China (QQ.com - 9th) complete the top ten. To qualify for the top 100 IT firms worldwide, a company’s annual revenue must exceed US$600 million, excluding any monopolies.
In addition to the four companies already mentioned, Taiwan had ten companies ranked in the top 100. These were: High Tech Computer Corp. (ranked 13th), Asustek Computer (ranked 26th), Foxconn Electronics Inc. (ranked 40th), Taiwan Semiconductor Manufacturing Company Ltd. (ranked 48th), Compal Electronics Inc. (ranked 50th), and Simplo Technology Co. (ranked 52nd).
Even with the economic slowdown, the demand for certain products remains strong. The Commercial Times reported that despite a shortage of glass substrates, the outlook for Taiwan’s thin-film-transistor liquid crystal display panel industry remains positive for the third quarter on the back of strong demand. Lee Kun-yao, chairman of AU Optronics Corp., the largest LCD panel maker in Taiwan, said the average capacity utilization at Taiwan’s panel makers was below 50 percent in the first quarter of 2009, and currently stands at over 80 percent.
David Hsieh, vice president of the greater China market at Display Search, expects prices to continue upward into June. TV panels, whose prices remain relatively unchanged, will probably see an increase of at least US$10 per unit in June. In particular, 40-inch and 42-inch panels are both set to rise in price.
Not only do Taiwanese IT companies dominate the top ten, but a recent report by the Economist Intelligence Unit (EIU) also places Taiwan as the 6th most innovative country in Asia for the forecast period 2009-2013. According to the United Daily News, Taiwan had an index of 9.44, which is only topped by Japan, which has the highest-ranking index of 10.
Krugman advises on economic recovery, praises health insurance
Top American economist Paul Krugman, winner of the 2008 Nobel Prize in Economics, paid a two-day visit to Taiwan on May 14th as a part of his Asian tour.
In his first public speech, Krugman urged world governments to pay attention to the major threats to globalization, namely government protectionism aimed at shielding domestic industries from outside impacts, a return to mercantilism in Keynesian theory, and the long term imbalance of currency exchange rates.
Krugman believes that sooner or later world economies will bounce back and the recovery will be powered by investment from the private sector, noted a Central News Agency report. Although he did not predict when the current global economic slump is likely to come to an end, Krugman forecast that recovery would be generated by investment-led demand arising from fresh investment in technology innovation and low-emission policies.
President Ma Ying-jeou met with Krugman to ask his advice on strategies to help the island ride out the economic storm. Ma’s administration has taken many measures to deal with the global financial crisis, including offering full insurance coverage for bank deposits, issuing shopping vouchers to stimulate domestic consumption and increasing public investment.
As exports account for 64 percent of Taiwan’s gross domestic product, Ma asked Krugman what Taiwan could do to sustain its economic development if the US and European economics remain mired in recession.
Krugman’s responses were not known as the meeting was closed to the press, but in a Commercial Times editorial about economic recovery policies, Krugman said small economies depend on the demands of larger economies. So he believes small economies will not recover on their own unless super economies lead the way.
In addition to talking about the economy, Krugman praised Taiwan’s national health insurance system, saying he would recommend Taiwan’s model to the US public, the Taipei-based China Times newspaper reported.
He said people’s health is a public wealth and is essential to the establishment of the social security network, and the focus of private insurance companies is on making a profit. The US government cannot expect important policy like national health insurance to be fully implemented through private companies, he said.
At a forum held in Taipei on May 14, Krugman also noted that interactions between Washington DC and Beijing do not amount to a zero-sum relationship, the Taipei-based China Times reported. As a neighbor of China, Taiwan has no excuse not to improve trade relations with the country as long as political obstacles do not stand in the way.
In response to some who worry that Taiwan would lose its sovereignty with further strengthening relations with China, Krugman cited US-Canada relations as an example, adding, “countries can maintain extremely close relationships without being swallowed.”
In his first public speech, Krugman urged world governments to pay attention to the major threats to globalization, namely government protectionism aimed at shielding domestic industries from outside impacts, a return to mercantilism in Keynesian theory, and the long term imbalance of currency exchange rates.
Krugman believes that sooner or later world economies will bounce back and the recovery will be powered by investment from the private sector, noted a Central News Agency report. Although he did not predict when the current global economic slump is likely to come to an end, Krugman forecast that recovery would be generated by investment-led demand arising from fresh investment in technology innovation and low-emission policies.
President Ma Ying-jeou met with Krugman to ask his advice on strategies to help the island ride out the economic storm. Ma’s administration has taken many measures to deal with the global financial crisis, including offering full insurance coverage for bank deposits, issuing shopping vouchers to stimulate domestic consumption and increasing public investment.
As exports account for 64 percent of Taiwan’s gross domestic product, Ma asked Krugman what Taiwan could do to sustain its economic development if the US and European economics remain mired in recession.
Krugman’s responses were not known as the meeting was closed to the press, but in a Commercial Times editorial about economic recovery policies, Krugman said small economies depend on the demands of larger economies. So he believes small economies will not recover on their own unless super economies lead the way.
In addition to talking about the economy, Krugman praised Taiwan’s national health insurance system, saying he would recommend Taiwan’s model to the US public, the Taipei-based China Times newspaper reported.
He said people’s health is a public wealth and is essential to the establishment of the social security network, and the focus of private insurance companies is on making a profit. The US government cannot expect important policy like national health insurance to be fully implemented through private companies, he said.
At a forum held in Taipei on May 14, Krugman also noted that interactions between Washington DC and Beijing do not amount to a zero-sum relationship, the Taipei-based China Times reported. As a neighbor of China, Taiwan has no excuse not to improve trade relations with the country as long as political obstacles do not stand in the way.
In response to some who worry that Taiwan would lose its sovereignty with further strengthening relations with China, Krugman cited US-Canada relations as an example, adding, “countries can maintain extremely close relationships without being swallowed.”
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